News

MAS, Mastercard sign MoU to enhance cooperation in cybersecurity

The Monetary Authority of Singapore (MAS) and global payment firm Mastercard have on Tuesday signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

EMURGO partners Huawei Cloud to expand Cardano network, scale Web3 solutions in Asia Pacific

EMURGO, a Japanese blockchain company that drives Web3 adoption via the Cardano blockchain, has on Thursday announced a partnership with Huawei Cloud to extend support for a Cardano Validator Node on the Huawei Cloud, further strengthening the Cardano network.

Singapore’s Temasek boosts EMEA investment with new Paris office

Singapore-headquartered investment company Temasek has launched its new office in Paris on Wednesday. The Paris office expands the fund's global footprint and network, giving it the opportunity to grow its organization, talent and capabilities, in its mission to construct a resilient and forward looking portfolio.

Thailand’s 9Basil acquires Singapore private credit platform AlteriQ Global

9Basil Group, a Thailand-based alternative investments firm, has on Thursday announced its acquisition of AlteriQ Global (AlteriQ), a boutique Asia-Pacific private credit platform based in Singapore.

Microsoft to invest $2.9B in AI and cloud infrastructure in Japan

American technology firm Microsoft has announced it will invest $2.9 billion over the next two years to increase its hyperscale cloud computing and artificial intelligence (AI) infrastructure in Japan.

India’s Neysa raises $20M in seed funding led by Matrix Partners India, Nexus Venture Partners, NTTVC

Neysa, an India-based artificial intelligence (AI) cloud and platform-as-a-service startup (PaaS), has secured $20 million in seed funding. Led by Matrix Partners India, Nexus Venture Partners, and NTTVC, the funding will help drive the generative-AI-cloud platform as a service and observability for India and global markets.

Professional Triathletes Organization partners Animoca Brands’ subsidiary SPORTPASS for endurance sports Web 3 experience

The Professional Triathletes Organization (PTO) and SPORTPASS, a fan engagement and gaming platform and a subsidiary of Animoca Brands, have on Wednesday announced the entry into a framework in respect of a partnership to transform the fan experience for triathlon and endurance sports that leverages Web3 and blockchain technology.

Rio Tinto partners Founders Factory to invest $9.28M in technology startups

Australian miner Rio Tinto is teaming up with global venture studio and start-up investor Founders Factory to invest AUD 14.4 million ($9.28 million) in technology startups.

Metalpha and Algos Electronics jointly set up NOWLIT fintech solutions

Metalpha Technology Holding Limited, a Hong Kong-based digital asset-focused wealth management company, together with global chips provider Algos Electronics Corp., have established NOWLIT FinTech Solutions Corp.

Vietnam’s CNV secures $1M seed funding from Wavemaker Partners

CNV, a Vietnamese cloud-based business and marketing solutions provider, has successfully raised its seed funding of $1 million from Singapore-based venture capital firm Wavemaker Partners.